Tuesday, December 5, 2017

Shop During Happy Honda Days

It’s the most wonderful time of the year here at Keyes Honda—Happy Honda Days! This yearly sales even means that you’ll find great savings up and down our lot here in Glendale, CA. And that’s not all. We’ve also got a ton of great lease offers available. As we like to say here, ‘Tis the season to be leasin’.

But how do you know whether you’re better off leasing or financing? There are a few questions to ask yourself before making the call one way or another. First of all, how many miles do you typically drive in a year? Leasing offers involve mileage limits—go over, and there are penalties to pay. These limits typically range from 9,000 to 15,000 miles per year, with 12,000 miles/year being the most common. So if those numbers seem low to you, buying is likely the right choice.

What’s your stance on technology? Are you at the front of the line for the latest and greatest new smart phone, or does your family make fun of you for that flip phone you’re still carrying around? When you lease a vehicle, you can enjoy driving a brand-new car, and getting the opportunity to drive a new brand-new car in just a few years. So if you like the latest and greatest, leasing is a great option. But if you’re in it for the long haul, buying is your best bet.

Lastly, how do you feel about monthly payments? When you finance a car, your monthly payments need to add up to the full price of the car. Lease payments only need to total the change in value from when the lease term begins to when it ends. Payments are lower, but they’re also always there, as you’ll likely finish one lease and move to the next. When you finance a vehicle, payments are higher, but once the car is paid off, you’re free and clear.

Head in to our Honda finance center today to learn more about your options. Then head out to the lot to pick out your new Honda vehicle. Consider getting behind the wheel of the all-new 2018 Honda Accord, which Car and Driver praised as “Elevating the mid-size sedan to a higher plane.” No matter what model you go with, you’ll be happy you went Honda.

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